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Aleonysh [2.5K]
2 years ago
5

Given that the DM price of the ECU was 2.0583 and the DG price of the ECU was 2.3194. Then the DG price of the DM by cross rates

is given by:______
a. DM = about 4.73 DG.
b. DM = about .26 DG.
c. DM = about 1.13 DG.odno
d. DM = about .89 DG.
Business
1 answer:
pav-90 [236]2 years ago
7 0

Answer:

Option c (DM = about 1.13 DG) is the right approach.

Explanation:

Given:

DM price,

= 2.0583

DG price,

= 2.3194

Now,

By cross rates, the DG price of DM will be:

= \frac{2.3194}{2.0583}

= 1.13

Thus the above is the correct option.

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hen a monopolist is able to sell its product at different prices, it is engaging in a. distribution pricing. b. quality-adjusted
sertanlavr [38]

Answer:

Price discrimination

Explanation:

Price discrimination is charging customers differently for the same product.

Price discrimination is a type of selling strategy where customers are charged for same goods and services. The seller charges based on what they think that the user is likely to pay.

6 0
3 years ago
Alpaca Corporation had revenues of $300,000 in its first year of operations. The company has not collected on $20,000 of its sal
madam [21]

Answer: Option (b) is correct.

Explanation:

Given that,

Revenues = $300,000

Merchandise it purchased = $75,000

Salaries paid = $14,000

Owners invested = $23,000

Borrowed on a five-year note = $23,000

Interest paid = $3,000

Paid for a two-year insurance policy = $6,800

Income tax rate = 9%

Gross Margin = Revenues - Cost of Goods Sold

                       = $300,000 - $75,000

                       = $225,000

Profit before tax = Gross Margin - Salaries - Insurance payment - Interest

                          = $225,000 - 14,000 - 3,400 - 3,000

                          = $204,600

Net Income = Profit before tax - Tax at 9%

                    = $204,600 - 18,414

                    = $186,186

6 0
2 years ago
Executive stock options: Multiple Choice allow the holder the option to buy shares at a specified exercise price during a specif
ss7ja [257]

Answer:

allow the holder the option to buy shares at a specified exercise price during a specified period of time.

Explanation:

A primary market refers to the market where these securities that are being sold are issued or created

On the other hand, the secondary market can be defined as a market where various investors sell and buy securities from other investors.

Some examples of secondary market around the world are New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE) and National Stock Exchange (NSE).

Executive stock options (ESOs) can be defined as an equity compensation contract that are granted to the employees and executives of a company, giving them to right to buy a specific amount of shares from the company's stock at a particular price for a specificied period of time.

Basically, ESO allows the holder the option to buy shares from the company's stock at a specified exercise price or strike price for a specific period of time.

The main purpose of an ESO is to serve as an incentive to make the beneficiaries or holders improve the financial performance of a company while closely aligning their interests with those of the shareholders of the same company.

5 0
2 years ago
Which one of the following businesses would be the most difficult to get funding for
Gennadij [26K]
You have not suggested a list considering your question asks "..following businesses..."
8 0
2 years ago
Carley Company purchases a new delivery truck for $45,000. The sales taxes are $3,000. The logo of the company is painted on the
disa [49]

Answer:

$49,420

Explanation:

5 0
3 years ago
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